MEADE INSTRUMENTS CORP
Industrials · Optical Instruments & Lenses · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$3.6M | −$1.4M | −$1.5M |
| Net income | −$3.7M | −$1.4M | −$1.4M |
| Total assets | $10.4M | $13.4M | $15.4M |
| Total liabilities | — | — | — |
| Equity | $6.6M | $10.2M | $11.5M |
| EPS (diluted) | — | — | — |
| Shares out. | 1.3M | 1.2M | 1.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- —
- Net margin
- —
- Return on equity
- −55.6%
- Return on assets
- −35.2%
- Return on capital (ROCE)
- −54.9%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $5.05
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2013- Accruals / assets
- 1.4%clean
- Piotroski F-Score
- 0/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 1 warning● 1 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Jul 16, 2013
- NT 10-Kmissed a reporting deadline ↗May 30, 2013
- NT 10-Kmissed a reporting deadline ↗Jun 1, 2009
- NT 10-Qmissed a reporting deadline ↗Jan 15, 2009
- NT 10-Qmissed a reporting deadline ↗Oct 16, 2008
- NT 10-Qmissed a reporting deadline ↗Jul 16, 2008
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Mcquay Timoty CDirector | Sep 13, 2013 | J | 100 | $4.50 |
| Elwood John AllenOfficer — CHIEF FINANCIAL OFFICER | Sep 13, 2013 | J | 45,334 | $4.50 |
| Murdock Steven GOfficer — CHIEF EXECUTIVE OFFICER | Sep 13, 2013 | J | 67,500 | $4.50 |
| Murdock Steven GOfficer — CHIEF EXECUTIVE OFFICER | Aug 10, 2012 | Grant | 30,000 | $0.00 |
| Elwood John AllenOfficer — CHIEF FINANCIAL OFFICER | Aug 10, 2012 | Grant | 20,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteSep 13, 2013
- Entered a material agreementAug 6, 2013
- Other material eventJul 22, 2013
- Entered a material agreement · Terminated a material agreement · New financial obligation · Other material eventJul 16, 2013
- Other material eventJul 5, 2013
- Entered a material agreement · Other material eventMay 17, 2013
- Entered a material agreement · Terminated a material agreement · New financial obligationJan 3, 2013
- Entered a material agreement · New financial obligationDec 17, 2012
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GFORM 15Sep 24, 2013
- EFFECTSep 23, 2013
- EFFECTSep 23, 2013
- EFFECTSep 19, 2013
- S-8 POSFORM S-8 POSSep 19, 2013
- S-8 POSSep 19, 2013
- S-8 POSSep 19, 2013
- S-8 POSSep 19, 2013
- S-8 POSSep 19, 2013
- S-8 POSSep 19, 2013
- S-8 POSSep 19, 2013
- POS AMPOST EFFECTIVE AMENDMENT NO. 2Sep 18, 2013
- POS AMFORM S-3Sep 18, 2013
- POS AMPOST-EFFECTIVE AMENDMENT NO.1 TO FORM S-3Sep 18, 2013
- 4MAIN DOCUMENT DESCRIPTIONSep 16, 2013
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.